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Originally published by Ghafla! (Entertainment)entertainment
April 22, 2026
5h ago
Fuel Dealers Warn Of Exponential Price Hikes Despite Government Tax Cuts
The Petroleum Outlets Association of Kenya (PAOK) has dismissed the government’s recent reduction of Value Added Tax (VAT) on petroleum products as a superficial “band-aid” that fails to address the deep structural rot in Kenya’s energy sector. Speaking on NTV on Tuesday,..
✨ Key Highlights
Fuel dealers in Kenya are warning of significant price hikes within three months, despite recent government tax cuts, citing a failure to address underlying issues in the energy sector.
- The Petroleum Outlets Association of Kenya (PAOK) warns of "exponentially higher" fuel prices within three months.
- PAOK Chairperson Martin Chomba criticized the Value Added Tax (VAT) on fuel as adding no "value" and highlighted the underutilization of the Petroleum Development Levy (PDL) stabilization fund.
- Chomba also blamed historical policy failures, including the "killing" of the National Oil Corporation (NOC) during the Kibaki era, for Kenya's current vulnerability to global oil price shocks.
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